Financial performance

A member of staff works on an absorber, a part of a medical ventilator, at AMRC Cymru in North Wales as the UK ramps up production of equipment in the fight against coronavirus or COVID-19, Broughton North Wales, Thursday April 30, 2020. Working as part of the Ventilator Challenge UK consortium, over 550 Airbus and Siemens employees at the site are working around the clock to produce at least 15,000 ventilators for the National Health Service, making this location the single largest site as part of the consortium which currently has around 3,000 people working across various sites across the country. ( AP Photo/Jon Super)
May 08, 2020 - 2:21 am
FRANKFURT, Germany (AP) — Siemens AG, maker of trains, power generators and medical scanners, saw net profit sag during the most recent quarter due to the virus outbreak. The company abandoned its business forecast for the year, saying it expected the downturn to bottom out in the current quarter...
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Family members watch Carmen Antillon receives her Tupelo High School diploma from Tupelo High School 12th grade Assistant Principal L.V. McNeal during a graduation ceremony at Milam Elementary School, Wednesday, May 6, 2020, in Tupelo Miss. The school district divided up the graduation ceremony to five different locations over three days with no more than four guests in attendance. (Thomas Wells/The Northeast Mississippi Daily Journal via AP)
May 07, 2020 - 7:52 pm
Many governors across the U.S. are disregarding or creatively interpreting White House guidelines for safely easing restrictions and letting businesses reopen amid the coronavirus pandemic, an Associated Press analysis found. The AP determined that 17 states did not meet a key benchmark set by the...
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A closed Neiman Marcus store is seen at the Garden State Plaza mall in Paramus, N.J., Thursday, May 7, 2020. Neiman Marcus filed for Chapter 11 bankruptcy protection, sounding an ominous note for department stores during the pandemic. (AP Photo/Seth Wenig)
May 07, 2020 - 12:17 pm
NEW YORK (AP) — Neiman Marcus has filed for Chapter 11 bankruptcy protection, the first department store chain and second major retailer to be toppled by the coronavirus pandemic. The move by the 112-year-old storied luxury department store chain was announced Thursday and follows the bankruptcy...
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In this Jan. 23, 2020, photo, a Nintendo sign is seen at the company's official store in the Shibuya district of Tokyo, Thursday, Jan. 23, 2020. Japanese video-game maker Nintendo Co. has scored a 33% jump in annual profit as people stuck at home during the coronavirus pandemic turn to playing games. (AP Photo/Jae C. Hong)
May 07, 2020 - 1:40 am
TOKYO (AP) — Japanese video-game maker Nintendo Co. scored a 33% jump in annual profit, as people stuck at home turn to playing games. Kyoto-based Nintendo, which did not break down quarterly numbers, said Thursday its sales for the fiscal year through March rose 9% from the year before to 1.3...
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Allie Arredonodo, wears a face mask as she tries on shoes at Journey's shoe store in the Yuba Sutter Mall in Yuba City, Calif., Wednesday, May 6, 2020. Several dozen shoppers streamed into the first California mall to reopen Wednesday, despite Gov. Gavin Newsom's orders restraining businesses because of the coronavirus pandemic. (AP Photo/Rich Pedroncelli)
May 06, 2020 - 3:42 pm
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to central governments, the work place and the spread of the virus. ________________________ JOB LOSSES: The pandemic jolted the global economy and millions...
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May 06, 2020 - 2:07 am
FRANKFURT, Germany (AP) — Automaker BMW saw net profit fall slightly in the first quarter from a year earlier, when the company had a large one-time expense. The company said it expected earnings to deteriorate during the first half of this year due to the coronavirus lockdowns and predicted the...
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FILE - In this March 16, 2020, file photo, the entrance to the parking lot at the Magic Kingdom at Walt Disney World is closed in Lake Buena Vista, Fla. The House of Mouse is struggling. Its second quarter profit dropped as the company took a $1.4 billion hit due to the coronavirus pandemic. For the January to March quarter, Disney's net income dropped 93 percent to 26 cents per share. Excluding one-time items, net income totaled 60 cents per share. Analysts expected 91 cents per share, according to FactSet. (AP Photo/John Raoux, File)
May 05, 2020 - 2:23 pm
NEW YORK (AP) — The House of Mouse is struggling amid the coronavirus pandemic. Disney reported a steep decline in profit as many segments of its media and entertainment offerings ground to a standstill. Its second quarter profit dropped 91% to $475 million, down from $5.4 billion a year earlier...
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FILE - In this Feb. 26, 2019, file photo, Jeep vehicles are parked outside the Jefferson North Assembly Plant in Detroit. Fiat Chrysler is backing off a planned May 4 restart at its North American factories because some U.S. states still will have stay-home orders in place. The move likely means that factories of all three Detroit automakers will be idled for at least another two weeks as they negotiate reopening terms with the United Auto Workers union. (AP Photo/Carlos Osorio, File)
May 05, 2020 - 8:44 am
MILAN (AP) — Fiat Chrysler Automobiles on Tuesday reported a first-quarter net loss of 1.7 billion euros ($1.84 billion) due to a steep decline in car sales triggered by the coronavirus pandemic, and said the impact on the second-quarter would be even more severe. The Italian-American carmaker has...
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Amid concerns of the spread of COVID-19, few shoppers are seen at the Galleria Dallas mall in Dallas, Monday, May 4, 2020. (AP Photo/LM Otero)
May 04, 2020 - 3:19 pm
NEW YORK (AP) — Many Americans are getting their first taste of what pandemic shopping looks like at their local mall. Simon Property Group, the nation’s largest mall operator, reopened several dozen shopping centers across Texas, Georgia and roughly ten other states between Friday and Monday...
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A man wearing a mask walks by a window display at a J Crew store in Rockefeller Center, Saturday, May 2, 2020, in New York. On April 30, the company announced it would apply for bankruptcy protection amidst the COVID-19 pandemic. (AP Photo/Mark Lennihan)
May 04, 2020 - 9:13 am
NEW YORK (AP) — The owner of J.Crew is filing for bankruptcy protection, the first major retailer to do so since the pandemic forced most stores in the United States to close. More retail bankruptcies are expected in coming weeks with thousands of stores still shuttered, though states have begun a...
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